Security Alert: Digital currency users need to update their Google Chrome

A few days ago, after the theft of some users in the digital currency market who used Google Chrome, the Google team discovered a security issue and released a new update for their browser. According to experts, users who use portfolios associated with the Chrome browser, it is better to receive this update as soon as possible.

On March 22, Google released an urgent update to Chrome, as 3.2 billion users of the browser were potentially at risk, according to CryptoSlate. The update revealed a security vulnerability that could affect all consumers, especially those active in the digital currency market.

This security issue is clearly related to the JavaScript engine used in the Chrome browser and includes all Chrome-based Internet browsers, including Microsoft Edge. This update can be provided at the request of users who have previously reported that their digital currency wallet has been hacked through the Chrome browser.

Earlier last week, Arthur Cheong, founder of DeFiance Capital and one of the largest and most famous investors in the digital currency market, announced via Twitter that his wallet had been hacked and more than $ 1.5 million in tokens and NFT were lost.

Cheong’s wallet targeting this hack was hot. These types of storage tools are directly connected to the Internet, but unlike hardware wallets known as “cold wallets”, they use offline storage to store digital currencies to increase security. After observing complex hacks like this, it can be said that storing digital currencies in cold wallets is a much safer way to store digital currencies.

Some time ago, Ledger’s portfolio development team warned users to be aware of blind signatures and the dangers that come with them, and also advised them to use decentralized applications (DApps) and other websites. Be careful with them.

Read also: Comparison and review of the best hardware portfolios (Update 2022)

Two examples of wallets targeted during the Google Chrome security issue had more than $ 1.5 million in digital currency, most of it in the form of Azuki NFT. These popular NFTs were immediately sold on the market for cheap, unpaid open tokens, and as a result, hackers got their money’s worth as quickly as possible.

Fortunately, these events quickly reached most of the digital currency community, and they took immediate action. Cheung supporters bought some of Azuki’s NFT stolen from the hacker. They wanted to return Arthur’s tokens at the base price and were not even willing to sell NFT at their current market value to win. They could make a profit from 7 to 8 atriums (equivalent to about $ 24,000) by selling NFT in one day.

The hackers managed to obtain a total of 78 different tokens from five famous collections. Of course, this is not their whole theft.

In addition to Azuki NFT and several other kits, they managed to steal 68 Atrium Rapid Tokens (wETH), 4349 Shared DYDX Tokens (stkDYDX) and 1578 LOCKS Tokens (LOOKS), valued at 293 at the time of the attack. Dash 281.

Following the news, Arthur Cheung personally investigated the abuse and found that hackers may have gained access to his wallet by sending specific phishing emails. Emails received from this phishing attack have requested full access to Google Docs content. At first glance, these requests seemed to be from both credible and approved sources. However, immediately after opening the attachment to these emails, the hacker gained access to the words to recover his wallet through an unauthorized route. In other words, as soon as the file was opened, Arthur Cheung’s wallet password was expired, giving the thief access to Google Chrome-related wallets, and the assets he amassed were stolen right in front of his eyes.

Hacking and similar abuses are nothing new to the digital currency industry. However, these attacks are becoming more complex and the same catastrophic events can occur even for the most experienced users. This unfortunate event shows that anyone can be the victim of such cyberattacks, and nothing is “100% safe,” as some claim.

Reassured by the shock of the incident, Arthur Chung said on Twitter:

I’m not sure what really happened and I have to think a little. At least I didn’t expect that to happen to me.

After the hack, Arthur’s advice was that investors should always give priority to security. His tips include using a reliable password management program, activating 2-step authentication (2FA) in a way other than a phone number, and using great wallets like Ledger to make sure your assets are kept as secure as possible. for sure.

The publication Security Alert: Digital Currency Users Update Google Chrome appeared for the first time in the digital currency.

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